Asia residual fuel: Key market indicators this week

S&P Global Platts | Feb 22, 2021 at 6:00 AM
  • New York —
  • Bunker premiums have remained buoyed by tighter availability in the prompt period, with suppliers expecting a pickup in demand for low sulfur bunker fuel in Singapore after the holidays.
  • A similar tight supply situation in the Japanese high sulfur bunker fuel market due to berth congestion and compromised refinery operations after the Feb. 13 earthquake has fueled expectations that bunker fuel availability will normalize only in March.